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These two funds aim to provide:
Derbyshire Business Support Grant Scheme (DBSGS) is currently closed to new applications - funding towards capital or revenue projects with the aim of supporting businesses to, expand, evolve or relocate, helping to create increased investment, growth and job creation.
***Derbyshire Business Support Grant Scheme is currently closed to new applications. Please see information on our two other schemes above.***
Applications are subject to a competitive process and there is no guarantee of funding being granted. The volume of requests received are as such that rewards have to be carefully prioritised at Investment Panel as well as the number of cases taken to each meeting have to be limited. Applications will therefore be assessed on a competitive basis in this regard and it may mean that your request is not successful or meet with your desired timescales for the project.
Please also note, the following projects are not likely to be a high priority for DEGF/D2EGF funding:
Process and timescales when applying for our funding:
Please note, any funding awarded will be subject to cash flow.
Our funds can operate under various EU State aid measures including De Minimis and the General Block Exemption Regulation (GBER).
Please note that the State aid regulations are complex, and it is vital to ensure that both the company and project are eligible to receive aid and that the proposed project is compatible with the relevant State aid measure. You are advised to refer to the BIS State Aid Manual as a first step before submitting an application and to the full text of the relevant regulation (links below).
Please note, if using GBER, it is imperative that the aid falls within the permissible aid intensity threshold (refer to the Regulation). Note also that only the GBER Articles listed below may be used:
In 2017, the Commission issued a further update to GBER. Whilst broadly not considered relevant to this fund, the 2017 update does include some provisions relating to start-up companies
In addition to our fund there is a variety of support available, both nationally and locally, to help you run your business and to overcome challenges you might face. Please visit our Support for your business page.
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